[ANN] [BEN] Benjamins ◄ SHA-256 ►◄ BOUNTY AVAILABLE to make BEN merge mineable!!

[hvezdasmrti]

craptsy now working fine. Thank you vern for making me a loss from unsuccessfull arbitrage 

[Mortimer452]

I have a further question, consider me a noob.

I have a leased 2.7 ghz server with 4gb of RAM.  It has no ASIC gear, so I can't mine SHA coins at any decent speed, right?

But, I can use my server to mine altcoin of some kind.  And also I assume that many here are experts and are mining both SHA and scrypt as is the 'new way' it seems.

So, how can I support the benjamins movement with my dumb old server, and also, what scrypt coin should I mine?  I am seeing catcoin looks like the same graphing pattern as benjamins, I like that upward slope in difficulty but the true money altcoins are ones that are trashcoins in terms of descending difficulty.

Unfortunately without a GPU you're not going to do much good mining scrypt.

You're probably better of mining a CPU-only coin like PrimeCoin or my favorite - Datacoin

[hvezdasmrti]

Its funny to watch the market. Its so small that even my few mBTC can affect it. Its like a farm. You let the fruit to grow and sometimes just buyout all low orders repeating again and again because there are still not enough buyers to be competitive. Yesterday were buyers considering as cheap everything below 6400sat today its 4800sat and lower.

[Poogasm]

Can I ask for some advice from the ASIC vets?

As I am SURE you all know, since I mention it all the damned time, I am mining Ben with a single Antminer U1, well, I want to expand on that, because, well, all the obvious reasons.
I was looking at Ebay and Amazon etc, found an ASICminer Block erupter cube 30 GH/s for $428, then found some single Block Erupter 10 GH/s blades on ebay for around $130-$150. The price for these is in my budget, so they are tempting, but I want some opinions/input on them. Are they worth a crap? Are they super hard to set up and keep running? etc.

I know they are not blazing fast, I am not looking to mine BTC, I am looking to mine Ben, and when/if Ben reaches such a high diff that even they are useless, a different sha256 coin.

Anyone care to put in their two cents?

I am of course, open to other hardware suggestions.

And I am not wanting the usual "just invest the money in the coin" response, I want to mine, support the network etc.

Thanks folks.

[AllAboutTheBenjaminsBaby]

Can I ask for some advice from the ASIC vets?

As I am SURE you all know, since I mention it all the damned time, I am mining Ben with a single Antminer U1, well, I want to expand on that, because, well, all the obvious reasons.
I was looking at Ebay and Amazon etc, found an ASICminer Block erupter cube 30 GH/s for $428, then found some single Block Erupter 10 GH/s blades on ebay for around $130-$150. The price for these is in my budget, so they are tempting, but I want some opinions/input on them. Are they worth a crap? Are they super hard to set up and keep running? etc.

I know they are not blazing fast, I am not looking to mine BTC, I am looking to mine Ben, and when/if Ben reaches such a high diff that even they are useless, a different sha256 coin.

Anyone care to put in their two cents?

I am of course, open to other hardware suggestions.

And I am not wanting the usual "just invest the money in the coin" response, I want to mine, support the network etc.

Thanks folks.

Anything under $10 per ghash is a pretty good price right now. With the blades you will be best off if you get the backpane and power supply for them, too, so you don't have to shock yourself trying to power it up. You can put up to 10 blades on one backpane and it makes life very easy

[Poogasm]

off I go to price the backpane.
I already have a spare psu that should work.

Thanks Ben.

[AllAboutTheBenjaminsBaby]

off I go to price the backpane.
I already have a spare psu that should work.

Thanks Ben.

Look at the PSU for the blades, though. They are different. Unless you like messing with paper clips and jump starting them without a motherboard 

[ThePatient]

I have always just passed over this thread.

Soooo why should i buy some?

[hvezdasmrti]

Because the Pump and Dump. Pump wasnt yet so think about it 

[AllAboutTheBenjaminsBaby]

I have always just passed over this thread.

Soooo why should i buy some?

Paysha.com Beta is said to start this weekend

[AllAboutTheBenjaminsBaby]

Let me clarify. Benjamins are focused more on getting people to accept them for use rather than trying to take over the crypto market

[AllAboutTheBenjaminsBaby]

Hoping to get a client out with updated seeds shortly. Any of the pool ops or anyone have any other concerns with the client?

It's going to look a little bit nicer, as well

[Mortimer452]

Hoping to get a client out with updated seeds shortly. Any of the pool ops or anyone have any other concerns with the client?

It's going to look a little bit nicer, as well

If you can edit the benjaminsd getmininginfo RPC call to return networkhashps, that will help anyone else looking to setup a pool using MPOS.  Without it, MPOS requires some custom coding to report the network hashrate & est. next difficulty numbers.

[vual]

He is not selling its bugged. The trade still gets reset and no coins are really traded. Probably someone abusing craptsy glitch. Probably someone trolling buyers. FUUUUUU

Even the higher trades are not appearing in trade history. Someone has hacked whole blockchain or bigvern has again an "excellent" trade system.

Seriously though why did someone dump 30k at 4000 each 0_o i mean honestly...... have you people no clue?

Anyway like i said before now we goto wait for all the coin fucken coin jumpers to move on for they only mine the most profitable coin then dump it with no concept of the coin itself..... As you can see now there is NO buy support at all really, and fuck loads of rather high (compared to the buy support) sell orders...

Thanks coinwarz, the worst thing to ever happen to crypto currencys.
It will adjust when its no longer profitable for all the greedy coin hoping assholes to mine.

[DRobert]

With 30 GH/s, how much can one expect to mine per day in Ben?
And what should I expect to lose in costs due to electrical bill? I live in BC, Canada so
I think our electrical bills tend to be pretty cheap here for power.


Also, any opinions on this website? https://sminers.com/?page_id=16
I'm considering cloud hashing. Anyone got any recommendations. At $2 per GH I could just drop $180 bucks and have 90 Gigahashes for mining at the moment. Thoughts? If anyone can recommend cheaper gigahashes for $ than $2 per GH on a reputable cloud hashing service that would be great.

[Mortimer452]

With 30 GH/s, how much can one expect to mine per day in Ben?
And what should I expect to lose in costs due to electrical bill? I live in BC, Canada so
I think our electrical bills tend to be pretty cheap here for power.


Also, any opinions on this website? https://sminers.com/?page_id=16
I'm considering cloud hashing. Anyone got any recommendations. At $2 per GH I could just drop $180 bucks and have 90 Gigahashes for mining at the moment. Thoughts? If anyone can recommend cheaper gigahashes for $ than $2 per GH on a reputable cloud hashing service that would be great.

You can look at pretty much any of the pools in the OP and find out what you'll make per day with 30GH - just find somone in the list with roughly your hashrate and look at the BEN/day:  http://ben.pitythepool.com/index.php?page=statistics&action=pool

Unfortunately it's not much right now, BEN is kindof stuck in a rut for about the next 48 hours until the diff adjusts again.

As for cloud/leased mining . . . it's pretty risky.  The price is extremely high versus what you would normally make mining - it has to be, otherwise the hosting company wouldn't make money

It can be good for speculating, though.  You can throw some extra hashpower towards a newly released coin while the diff is low and it really counts, and if the coin rises significantly in value later you can make some decent money.  Unfortunately the time to do this with BEN has already passed in my opinion.  I have no doubt BEN will rise some more in price but probably not significantly enough to offset a cloud mining investment.

[AllAboutTheBenjaminsBaby]

We've had a few questions about this and right now we have no plans to add merged mining to Benjamins. We feel the network will survive on its own with the new projects we have coming up

[Poogasm]

Bens are WAY too low on Cryptsy.

[Prayer]

Yeah... way too low.  Wishing I had some free BTC to buy right now

[Poogasm]

I just spent the last of my btc on them. Also wishing I had more freed up...